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Why women should start taking care of their money

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Why women should start taking care of their money -
Today, AOS modern families, including single parents and same-sex couples, is to put more pressure on women's access to financial independence, according to the study of 2013 women, Money & Power of Allianz Life.
The survey found that 67% of women in today, AOS modern family, including, divorced mothers or widows and unmarried same-sex couples, say family situation creates an increased need be financially aware and independent. And married women are now the minority group in terms of the current state of the relationship: only 39% of respondents. I find this to be surprisingly few.
Pew Research recently reported that women are the main breadwinners in 40% of US households, due to the fact that many of them are single parents, and because 15% of women do now more than their husbands in households where the median family income is $ 80,000. That compares to a national median income of only $ 23,000 for single-mom households. Many mothers have had to get a job since the recession to help with financial needs.
Women still have unmet needs regarding the realization of comfort and trust with money. With nearly half of all women saying they sometimes become afraid, Äúbag lady Âu it, AOS clear that there is more work to do in educating women about financial matters and building their confidence in their own financial future.
Divorce and widowhood still trigger a financial trauma for many American women, a trend that is developing. Nearly half (48%) of respondents divorced in 2013 declared the divorce threw them into the financial crisis, against 43% in 06. A full 50% of widows in 2013 said their widowhood caused the financial crisis. A simple, life insurance, could have prevented some of this trauma for those widows.
The key point of this research is that women can, AOT rely on someone else for financial security, and they must take personal responsibility for their financial well-being. Be proactive and call your agent or financial advisor to start planning today.

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